Bank Of Baroda Narayanpur Narayanpur Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Baroda Narayanpur Narayanpur Chhattisgarh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Narainpur
Contact
Bank Details Bank Of Baroda Narainpur BARB0DBNARA
Location Narayanpur, Narayanpur
City Narayanpur
District Narayanpur
State Chhattisgarh
Pincode 494661
Country IN
Address Main rd near bus stand army officedist narainpur narainpur narayanpur chhattisgarh 494661
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Narainpur branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Baroda Bank, Narainpur branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Narainpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Narainpur

MICR code for Bank Of Baroda Narainpur

Bank Of Baroda MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Baroda Bank MICR code for Narainpur is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of BOB for Narainpur branch. MICR code for Narainpur branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Baroda Bank Narainpur is presented in the table alongside.

Use of Baroda Bank MICR code for Narainpur branch in narayanpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Narainpur and Baroda Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of BOB is typically in either of these two font’s: E-138 and CMC-7.

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